MELBOURNE, AUSTRALIA JAN 30, 2014 - Zycus, a world leader in Procurement Technology Solutions, announced today that St Barbara Limited, an ASX 200 listed gold producer and explorer, will adopt its integrated suite of upstream procurement performance solutions, including Spend Analysis, eSourcing, Contract Management, Supplier Performance and Information Management and Financial Savings Management.
The technology investment comes as part of a major procurement centralization and transformation endeavor, which started recently when St Barbara appointed Curtis MacKenzie as General Manager of Procurement and tasked him with building a high-performance enterprise procurement function. While committing to aggressive performance objectives, the new yet highly experienced procurement team at St Barbara also built a successful business case for investment in an integrated technology platform that would support and accelerate its efforts.
MacKenzie of St Barbara says. “Zycus distinguished itself by having easy-to-use solutions, being responsive to our queries, paying close attention to our unique requirements in all the various solution areas, demonstrating flexibility and committing resources to ensure we achieve rapid ROI.”
St Barbara’s technology selection process comprised a pilot testing phase followed by competitive selection process among major procurement full-suite providers. “Our team knew from experience that having a complete and integrated set of advanced procurement tools would empower us to deliver substantial cost savings very rapidly,” MacKenzie says. “Zycus distinguished itself by having easy-to-use solutions, being responsive to our queries, paying close attention to our unique requirements in all the various solution areas, demonstrating flexibility and committing resources to ensure we achieve rapid ROI.” The implementation process at St Barbara has started in December 2013.
“We are excited to be collaborating with such an experienced team of procurement professionals who understand the true power of managing source-to-settle processes holistically and connecting information by ensuring it moves easily and freely among all the various sub-processes,” says Zycus CEO and founder Aatish Dedhia. “St Barbara’s story is emblematic of a new age in strategic procurement-driven business performance improvement. Professional procurement communities around the globe have reached a level of experience and maturity that they are no longer satisfied working with substandard business information and tools. They know what is possible in terms of value and performance delivery and are succeeding at convincing executive leaders to invest in procurement as an avenue to both bottom and top-line business performance improvements.”
Manager- Public Relations, Zycus Inc.
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